We’ve talked before about why you should give to Greenbelt Land Trust of Mid-Missouri, and we’ve talked about the most basic way to do it – by sending us a check or making a secure donation on this very website. Today, I want to talk about another way you can show your support for Greenbelt and the natural legacy of Central Missouri: planned giving.
In general terms, planned giving is about making charitable donations a part of your estate plan. By including Greenbelt in your bequests, you can help to ensure that we will be able to continue conserving land and serving the Central Missouri community for years to come. It can help us as an organization by allowing us to develop long-term land protection strategies, promote private and public funding for land conservation, acquire conservation interests in land, steward the properties we already conserve, and promote a commitment to the land we all live on. Additionally, it can reduce the tax burden on your family and reduce your estate tax obligations.
There are many ways to structure your bequests, so we are happy to work with you and your estate planning professionals to ensure that your gifts are handled in a way that honors your legacy. This could be a simple bequest in your will or trust document, or a more complex gift structure like a charitable remainder trust or donation with life estate. Another easy way is to make Greenbelt the beneficiary of a portion of your retirement plan or life insurance policy by including a percentage or dollar amount in the beneficiary designation.
To make a gift by bequest, you can simply work with your advisor to add language along the lines of the following to your trust document or will (with the amount or percentage changed to reflect your plans):
- Bequest of Cash
- “I bequeath the sum of $10,000 to Greenbelt Land Trust of Mid-Missouri, Columbia, MO.”
- Bequest of a Percent of the Estate
- “I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located, to Greenbelt Land Trust of Mid-Missouri, Columbia, MO.”
If you would like to make Greenbelt Land Trust of Mid-Missouri a part of your estate plan or have any questions, please contact Mike Powell, Executive Director, at (573) 340-3927, or via email at email@example.com.
DISCLAIMER: The Greenbelt Land Trust of Mid-Missouri cannot provide legal or tax advice. This blog post is intended only to communicate the basics of planned giving, and is not a substitute for consultation with an attorney and/or tax professional.